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COMMUNICATION-INFLUENCE1 MIN READ

Managing Budget Overruns

Use the SBI framework to give clear, impactful feedback on financial matters.

Managing Budget Overruns SCENARIO · GIVING FEEDBACK During last week's budget meeting, we discussed overspending in your department. The situation 0:00 The exchange 0:03 The takeaway 0:33 Maya Tom, in our last meeting, you reported a 15% budget overrun for your project. 0:09 Tom Yes, I had some unexpected costs come up that I didn't anticipate. 0:13 I appreciate your honesty, but it affected our overall financial planning significantly. 0:19 I understand. I'll work on better forecasting for future projects.

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